India Air India, which has been losing money since a merger with the former state-run Indian Airlines in 2007-08, had accumulated losses of up to Rs. 70,820 crore as of March 31, 2020. Tata Sons, the group holding company that owns a majority stake in AirAsia India and controls Jaguar Land Rover, made an offerContinue reading “Piyush Goyal reiterates that there has been no final decision on the winning bid for Air India.”
Author Archives: Mohanasriram Elango
Apple and Disney among companies backing groups against US climate bill
Geo Politics Despite their own promises to combat the climate crisis, some of America’s most prominent companies, including Apple, Amazon, Microsoft, and Disney, are supporting business groups fighting landmark climate legislation, according to a new analysis. A slew of corporate lobbying groups and organisations have banded together to oppose Democrats’ proposed $3.5 trillion budget bill,Continue reading “Apple and Disney among companies backing groups against US climate bill”
The new dot com bubble is here: it’s called online advertising
Business The market is enormous. The amount of money spent on internet advertisements increases year after year. According to the research firm eMarketer, more than $273 billion in digital advertising was spent globally in 2018. The majority of those advertisements were purchased from two companies: Google ($116 billion in 2018) and Facebook ($54.5 billion inContinue reading “The new dot com bubble is here: it’s called online advertising”
BharatPe Co-Founder Shashwat Nakrani, a 23yo IIT dropout, is the youngest self-made Indian on the IIFL Wealth Hurun India Rich List 2021.
Business Shashwat Nakrani, then 19, created the BharatPe QR Code in collaboration with Ashneer Grover four years ago today, in 2018. Today, Bharatpe is so successful that Shashwat’s name appears on the IIFL Wealth Hurun India Rich List 2021 as the youngest self-made individual. Nakrani is one of 13 people on the Hurun India RichContinue reading “BharatPe Co-Founder Shashwat Nakrani, a 23yo IIT dropout, is the youngest self-made Indian on the IIFL Wealth Hurun India Rich List 2021.”
Kangana to be brand ambassador of UP’s ODOP; actor meets Yogi Adityanath.
India Bollywood actor Kangana Ranaut will be the brand ambassador Uttar Pradesh government’s One District One Product Programme, the government announced on Friday, after the actor met Uttar Pradesh chief minister Yogi Adityanath at his official residence in Lucknow.
Nitin Gadkari says the NHAI is building EV charging stations along highways.
India “NHAI is also developing electric vehicle charging infrastructure along the highways to promote the use of electric vehicles,” he said
RBI’s new auto-debit rule, pension norms: 9 changes that will set in from October 1
India From pension rules to the new automatic debit guidelines and some banks stop using checkbooks, a series of changes will take effect starting Friday. Most changes will have a direct impact on people’s daily lives. As the deadline for the Reserve Bank of India (RBI) to extend the implementation of the standards is comingContinue reading “RBI’s new auto-debit rule, pension norms: 9 changes that will set in from October 1”
Musk, Bezos set to offer broadband in India
Business Jeff Bezos and Elon Musk are the two richest businessmen in the world. They will compete with Airtel’s Sunil Mittal and Reliance Jio’s Mukesh Ambani in the high-speed broadband and Internet sectors because they have already competed with the Indian government. Contacted and proposed a separate plan to provide a satellite-based Internet. The connectivityContinue reading “Musk, Bezos set to offer broadband in India”
India’s quest for a road to Central Asia
Geo Politics Central Asia may want India to act as a counterbalance to China. It is said that China has so far pledged US$100 million to improve Afghanistan’s connectivity. In a speech at the Shanghai Cooperation Organization (SCO) meeting on September 17, Narendra Mo Prime Minister Di talked about how Central Asia has historically servedContinue reading “India’s quest for a road to Central Asia”
About Indian Automobile Industry
Info India’s auto sector contributes 7.1 per cent to the overall nation’s GDP and 49 per cent of to the manufacturing GDP, with an annual turnover of Rs 7.5 lakh crore and export of Rs 3.5 lakh crore.
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